The Business Experiment

Robert May from BusinessPundit is trying an experiment.  He's trying to create a fully opensourced business, from plan to execution.  Register so you don't miss the first "corporate" vote tomorrow!  This is pretty cool and I'd love to see some high profile people pickup on this and start following it.

Link: The Business Experiment - Home.

The Business Experiment is a site meant to explore three concepts:  wisdom of crowds, open-source business, and the distributed nature of work.  The goal is to have the registered users of this site collectively start and run a real business.  Business plans will be written.  Financing will be sought (if needed).  Employees will be hired.  Systems of accountability will be put into place.

All major strategic decisions will be voted on by the registered users, and must be implemented by the employees.  This will test to see if "the crowd" is really wise or not.  Who do we hire?  The crowd will vote on the candidates.  What is our marketing strategy?  Vote on it.  How do we price our product or service?  Vote again.  It could be cool, or it could be foolish.  But either way, it's definitely different.